§206E-155  Revenue bonds; interest rate,price, and sale.  (a)  The revenue bonds shall bear interest at a rate orrates payable monthly, quarterly, or semi-annually.

(b)  The authority shall include the costs ofundertaking the public facility for which the revenue bonds are issued indetermining the principal amount of revenue bonds to be issued.  In determiningthe cost of undertaking the public facility, the authority may include the costof constructing, acquiring, remodeling, furnishing, and equipping the publicfacility, including acquisition of the site thereof; the cost of purchasing orfunding loans or other agreements entered into for the public facility; thecosts of studies and surveys; insurance premiums; underwriting fees; financialconsultant, legal, accounting, and marketing services incurred; reserveaccount, trustee, custodian, and rating agency fees; and any capitalizedinterest.

(c)  The revenue bonds may be sold at public orprivate sale, and for a price as may be determined by the authority to be inthe best interest of the State. [L 1985, c 268, pt of §1]